January 1, 2024 · Form 4 insider transaction
Sparks Scott Andrew bought 133,754 shares of Helix Energy Solutions Group, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
This Performance Share Unit ("2024 PSU") award was granted pursuant to the LTIP and each 2024 PSU represents the contingent right to receive one share of Company common stock. Actual number of 2024 PSUs upon vesting may range from 0% to 200% dependent on the Company's performance over the three-year period from January 1, 2024 through December 31, 2026. Upon 2024 PSU vesting, the Compensation Committee has the option to pay the value in cash at its discretion.; Amount reported represents 200% of the number of 2024 PSUs granted and is the maximum number that may be earned.; Upon payment of the 2024 PSUs, which shall occur no later than March 15, 2027.